Tag: energy

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Mol sets up first Ultra Charger in Hungary

March 21, 2019, 2:43 pm
Hungary’s Mol Group has installed an Ultra Charger at its Nagyszőlős street electric car charging station, and said the unique ultra-fast charging solution is to be followed by more in the country... 

Hungary Mol to lower price of diesel on Wednesday

March 18, 2019, 4:13 pm
Hungarian oil and gas group Mol is to lower the wholesale list price of diesel by HUF 3 per litre on Wednesday, while it will not change the price of the 95-octane gasoline. The average price of diesel... 

Slovakian company embarks on major solar plant project in Hungary

March 12, 2019, 4:50 pm
Greentechnic Hungary Ltd. has received an order by Slovakian solar panel manufacturer Radix Union S.r.o. to build 165 solar parks with 500-kilowatt capacity each in Hungary. The value of the investment... 

Dutch solar power company connects new units to Hungarian grid

March 11, 2019, 12:20 pm
Global solar power solutions provider Photon Energy has announced that its Hungarian subsidiary has built and grid connected eight photovoltaic power plants with a combined capacity of 5.5 MWp in Almásfüzitő.... 

Hungary on the bottom of EU wind farms ranking

March 7, 2019, 5:00 pm
Wind power plays an ever greater role in Europe’s energy supply. In 2018, wind power accounted for 14% of the European Union’s total electricity demand. The winds of change continue to blow... 

MVM builds largest solar plant in Hungary near Paks nuclear power plant

March 5, 2019, 3:04 pm
the Hungarian Electricity Works (MVM) has delivered the country’s largest capacity solar plant, a few kilometres of the Paks nuclear power plant. It is located on a 51-hectare plot and consists of... 

Renewable energy - Where Hungary fares better than the EU average

March 4, 2019, 9:41 am
Renewable energy accounted for 19.5 % of the total energy used for heating and cooling in the European Union (EU) in 2017, reported Eurostat, the statistical office of the European Union, on Monday. The... 

Siemens joins large petchem project of Hungary's Mol

February 26, 2019, 2:22 pm
Siemens will be supplying seven modular power distribution substations for the new chemical complex of Hungarian fuels group Mol, after it received one of its single largest orders for E-Houses from the... 

Bad news for motorists: fuel prices to be raised again in Hungary

February 25, 2019, 1:47 pm
Hungarian oil and gas group Mol is to raise the wholesale list price of 95-octane gasoline by HUF 5 per litre and that of diesel by HUF 3 per litre each on Wednesday. The average price of gasoline will... 

Multiyear record in oil and gas production propels Hungary's Mol

February 22, 2019, 9:45 am
Hungarian oil and gas group Mol has published its earnings report for the fourth quarter of 2018 along with its full-year results on Friday. In an demanding environment, Mol’s key figures turned... 

Hungary Mol raises fuel prices

February 20, 2019, 8:48 am
Hungarian oil and gas group Mol has raised the wholesale list price of 95-octane gasoline and diesel by HUF 5 per litre each on Wednesday. The average price of gasoline is now HUF 354 per litre and... 

Hungary Mol seen exceeding annual goal despite oil price plunge

February 19, 2019, 8:27 am
Hungarian oil and gas group Mol is set to release its earnings report for the fourth quarter of 2018 on 22 February. Analysts polled by Portfolio project a 20% year-on-year jump in the group’s Clean... 

Hungary Mol denies wage talk flop

February 15, 2019, 2:55 pm
Hungarian oil and gas group Mol has partly rejected a press report that trade unions have not accepted the management’s wage hike proposal for 2019 and 2020, about which they notified the company... 

Trade unions reject wage hike offer by Hungary's Mol

February 15, 2019, 1:13 pm
Trade unions have said no to the wage hike proposal of Hungarian fuel group Mol for 2019 and 2020, about which they have informed the company at the start of this week, László Kovács, President of the... 

Fuel prices to be raised in Hungary

February 11, 2019, 5:03 pm
Hungarian oil and gas group Mol is to raise the wholesale list price of 95-octane gasoline and diesel by HUF 2 per litre each on Wednesday. The average price of gasoline is going to be HUF 347 per litre... 

Fuel prices to be raised in Hungary on Friday

February 6, 2019, 1:37 pm
Hungarian oil and gas group Mol is to raise the wholesale list price of 95-octane gasoline by HUF 3 litre and that of diesel by HUF 3 per litre on Friday. The average price of gasoline is going to be... 

Hungary, Slovenia jointly apply for EU funding for gas pipeline interconnection

February 5, 2019, 11:42 am
Hungary and Slovenia are jointly applying for European Union funding for the interconnection of their natural gas pipeline networks, which would enable Hungary to purchase liquid natural gas (LNG) from... 

Hungary Mol to expand car sharing service by electric vehicles

January 25, 2019, 12:32 pm
Since its launch a year ago, Limo, the car sharing service of Hungarian energy group Mol has collected 40,000 registered users. On the one-year anniversary, Mol announced that it plans to continuously... 

Price of diesel to be raised in Hungary on Wednesday

January 22, 2019, 9:00 am
Hungarian oil and gas group Mol is to raise the wholesale list price of diesel by HUF 2 litre on Wednesday, while it is not to change the price of the 95-octane gasoline. The average price of diesel... 

Hungary K&H Bank inks 15-yr financing deal with Dutch firm

January 21, 2019, 1:55 pm
K&H Bank, the Hungarian unit of Belgium’s KBC Group, and Dutch Photon Energy signed a 15-year project financing agreement for the company’s photovoltaic power plant portfolio in Hungary. ... 
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